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Advertising On Philadelphia Radio Makes Good Sense For Business Owners

Jun 16, 2021 12:06:47 PM / by Larry Julius

Since March 2020, when the first case of COVID-19 was reported in the Philadelphia area, more than 503,812 local people have been infected, according to data collected by USA Facts. The measures imposed to contain the outbreak have transformed the way consumers work, shop, commute, and conduct the business of everyday life.

One aspect of daily life in Philadelphia that remains little changed due to the pandemic is radio listening. Despite the Coronavirus crisis, radio has held its long-held position as the most used of all local media. This is good news for area business owners who depend on radio for marketing their goods and service.

Each week, according to Nielsen, 3.6 million adult consumers tune-in to a Philadelphia radio station.  This is significantly more people than are reached by all other local advertising options, including TV, cable, streaming video, streaming audio, social media, and newspapers.

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Topics Delaware Valley Small Business Owner, Philadelphia Small Business Owner, Small Business Advertising, roi, return on investment, small business owner, radio advertising, small business, small business marketing, best way to advertise in philadelphia

How Much Time Do Philadelphia Consumers Spend Online?

Jun 4, 2021 2:40:04 PM / by Larry Julius

According to Nielsen, 4.1 million adults in the Philadelphia area have access to the internet, equivalent to 95.7% of the population. On average, local consumers are spending 10.98 hours per week online.

Philadelphia millennials, the first generation that grew up in a digital world, spend considerably more time online. Nielsen reports that, on average, Philadelphia's 25-39-year-old consumers are clocking 13.95 hours connected to the internet.

So, how are Philadelphia consumers spending their time online?

According to Nielsen, streaming audio and video content, social networking, checking the weather, and banking are the top online activities for Philadelphia consumers each month.

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Topics Best Way To Advertise, Streaming Audio, social media advertising, Online Advertising, digital advertising, social media, ott, ctv, streaming video, online shopping, best way to advertise in philadelphia, internet

Why Philadelphia Kitchen & Bath Remodelers Need To Advertise Now

May 19, 2021 8:29:51 AM / by Larry Julius

In 2021, according to Nielsen, 417,066 Philadelphia area homeowners are expected to spend $2.5 billion on kitchen and bathroom remodeling. This would be an increase of 16.8% increase over last year. Sales estimates are based on data from The National Kitchen & Bath Association (NKBA).

Because of the ongoing pandemic, 2.9 million Delaware Valley homeowners are in the process of reassessing their living spaces.

According to the NKBA, homeowners cite the kitchen and bath areas as two times more important than other spaces within the home, and the kitchen particularly gained status throughout the COVID-19 pandemic, with 70% of homeowners considering it extremely important compared to 64% before the crisis.

“After such a strong year for home remodeling in 2020, some wondered if we were approaching a home improvement spending ‘cliff.’ We’re pleased to say that’s not what the kitchen and bath market is expecting in 2021,” said Bill Darcy, NKBA CEO.

“Last year, homeowners started the work of improving their living spaces with DIY projects. And this year, with early distribution of the vaccine and other measures to reduce the public health impact of the virus, we expect to see continued renovations and more projects requiring our members.”

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Topics Home Improvement, best time to advertise, consumer spending, radio advertising, home remodeling, home values, homeowners, best way to advertise in philadelphia, contractors, construction

Advertising In Philadelphia: What's The Best Way To Reach Pet Owners?

May 13, 2021 7:20:00 AM / by Larry Julius

A surge in pet adoptions and sales during the pandemic has increased the number of pet owners in the Philadelphia area to 1,929,372, according to Nielsen.

As a result, the amount of money that will be spent in the Delaware Valley during 2021 on domestic dogs, cats, birds, ferrets, and other cuddly creatures will achieve a record-high $1.8 billion. These figures are based on recent forecasts from The American Pet Products Association (APPA),

“We have reached a critical milestone in 2020, generating $103.6 billion in sales [in the U.S.],” said Steve King, President, and CEO of APPA. “We are bullish for the coming year, projecting growth of 5.8% - well above the historical average of 3 to 4%."

Philadelphia pet owners will be spending in four ways:

  1. Food & Treats which includes everything from canned and bagged food to biscuits and chewies.
  2. Veterinary Care and Product Sales which includes routine veterinary care, surgical procedures, and sales of pharmaceuticals and other products through veterinary clinics
  3. Supplies, Live Animals, and Over-The-Counter Medications which, in addition to dogs and cats. includes fish, birds, small animals, and reptiles. This also includes cages, food and water bowls, as well as leashes and collars.  OTC includes medications for allergy relief, gastric distress, and oral hygiene.
  4. Other includes services such as boarding, grooming, and pet sitting.

To capture a significant share of the local pet economy, local business owners who provide these four types of goods and services will need to advertise.  By almost any marketing metric, the best way to reach pet owners is by advertising on Philadelphia radio.

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Topics Best Way To Advertise, Millennials, roi, return on investment, retail, radio advertising, pet owners, pet owner, reach, reach and frequency, Retail Sales, retailer, retail stores, best way to advertise in philadelphia, retail spending, advertising reach, dog owners, cat owners

Help Wanted: The Best Way To Recruit Qualified Workers In Philadelphia

May 6, 2021 1:52:12 PM / by Larry Julius

The number of job openings in the Philadelphia area has exceeded pre-pandemic levels, according to the Bureau of Labor Statistics.  Businesses of all sizes are adding employees in a big way, according to the ADP Research Institute, but still, large numbers of positions remain unfilled.

With the Pennsylvania unemployment rate still at 7.3%, Philadelphia business owners wonder why they are having difficulty attracting applicants for open positions.

According to a recent article posted in The Economist, there are two major reasons why many sidelined workers aren't anxious to come to work. The first is fear.

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Topics Recruitment Advertising, Blue-Collar Workers, Find Qualified Job Canidates, social media advertising, radio advertising, employment advertising, white collar workers, social media, online job boards, passive job seekers, active job seekers, LinkedIn, indeed, monster.com, zip recruiter

Wow!! Philadelphia Millennials Turn 40 This Year

Apr 29, 2021 3:02:33 PM / by Larry Julius

There are 1,099,646 millennials in the Philadelphia area.  The oldest of them turn 40 this year. According to The Pew Research Center, millennials comprise the generation of Americans born between 1981 and 1996.

As a consumer group, millennials account for an outsized percentage of retail spending. This generation represents 26% of the Philadelphia area population but almost one-third of metro-area sales. 

All in, Philadelphia millennials are expected to ring up more than $35.1 billion in purchases during 2021.  You name it, millennials are planning to buy it.

According to Nielsen, over the next 12 months, Philadelphia millennials will show up in huge numbers at auto dealerships, furniture stores, mattress stores, appliance stores, home improvement stores, and scores of other area retailers and service providers.

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Topics Delaware Valley Small Business Owner, Philadelphia Small Business Owner, Small Business Advertising, Best Way To Advertise, Millennials, roi, return on investment, retail, small business owner, small business, reach, reach and frequency, Retail Sales, retailer, retail stores, small business marketing, millennial parents, best way to advertise in philadelphia, retail spending, advertising reach

Who Listens To Philadelphia Radio?

Apr 23, 2021 7:32:00 AM / by Larry Julius

Every week, according to Nielsen, 88% of adult consumers tune in to a Philadelphia radio station. This is significantly more people than watch broadcast TV, local cable, or video streaming services. It's more than use social media sites like Facebook or Instagram.  And, it's more than read local newspapers.

Philadelphia radio is also the medium with the greatest reach among millennials, a generation that not only has embraced an abundance of online media options but also accounts for nearly a third of all local consumer spending.

This reach advantage is a crucial reason why local small business owners depend on Philadelphia radio to market their goods and services.

A study released this week by Edison Research and NPR discovered that their six distinct types of radio listeners. The study also examines how each group of listeners engages with both programming and advertising.  These distinctions are important for Philadelphia small business owners to understand.

The six listener categories as described in the study are:

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Topics Delaware Valley Small Business Owner, Philadelphia Small Business Owner, Small Business Advertising, Radio Listening, Effective Advertising., Effective Radio Commercials, best time to advertise, small business owner, radio advertising, small business, reach, reach and frequency, small business marketing, share of ear, best way to advertise in philadelphia, advertising reach

How Much Do Philadelphia Business Owners Spend on Advertising?

Apr 16, 2021 9:49:16 AM / by Larry Julius

Now is a crucial time for Philadelphia small business owners to advertise.  

According to the Conference Board, consumer confidence has surged to 110, the highest it has been since the onset of the pandemic last March.  The index has bounced back from a low of 89.6 in February. 

Moving forward, Delaware Valley business owners can expect buyer optimism to remind high.

“The recovery in consumer confidence is set to continue in the coming months, buoyed by the combination of improving health conditions and wider vaccine distribution,” said Lydia Boussour, lead U.S. economist at Oxford Economics. “This should support hearty consumer spending and pave the way for a mini-boom in economic activity this spring and summer.”

As Philadelphia consumers gain confidence, they are expected to unleash the record $17.9-billion in personal savings amassed during the pandemic. This number is based on figures reported by Barron's in November. 

This combination of consumer confidence and the cache of cash-on-hand has led the National Retail Federation (NRF) to forecast a 7% increase in retail spending in 2021 versus last year.

To claim a significant share of the expected spending tsunami, Philadelphia business owners plan to boost advertising investments this year.

According to Borrell Associates, a company that tracks advertising trends across the country, Philadelphia business owners are expected to spend $3.6 billion to advertise the goods and services they sell. This represents a 7.0% increase versus last year.

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Topics Delaware Valley Small Business Owner, Philadelphia Small Business Owner, Small Business Advertising, Best Way To Advertise, roi, return on investment, small business owner, radio advertising, small business, advertising on a budget, reach, reach and frequency, small business marketing, best way to advertise in philadelphia, ad spending

Why Audio Advertising In Philadelphia Drives Purchase Decisions

Apr 8, 2021 12:05:09 PM / by Larry Julius

Philadelphia consumers are expected to spend nearly 7% more at retail in 2021 than in 2020. This forecast is based on recently released data from the National Retail Federation.

To lay claim to a significant share of growing consumer spending, Delaware Valley retailers will need to advertise.

“Think you have a great product?” asks the US Small Administration. “Unfortunately, no one’s going to know about it unless you advertise.”   

“Advertising, if done correctly, can do wonders for your product sales, and you know what that means: more revenue and more success for your business."

Scientifically speaking, the fastest way a marketing message can reach the areas of a Philadelphia consumer's brain responsible for purchase decisions is through the ear.  That's why audio advertising can be far more potent than visual messaging.

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Topics Delaware Valley Small Business Owner, Philadelphia Small Business Owner, Small Business Advertising, Pandora, Streaming Audio, retail, small business owner, radio advertising, small business, Spotifty, Retail Sales, retailer, retail stores, small business marketing, sirius/xm, best way to advertise in philadelphia, retail spending, podcast

Consumers Stick With Philadelphia Radio Despite Pandemic

Mar 30, 2021 2:11:30 PM / by Larry Julius

In 1922, when WGL-AM became the first radio station in Philadelphia, many considered the medium a fad.  Even in 1937, a hit song written by George Gershwin, Our Love Is Here To Stay, proclaimed radio to be a "passing fancy and in time may go".

Philadelphia radio, however, has survived the advent of talking-movies, television, eight tracks, and cassettes in stereo.  More recently, radio has withstood a tsunami of digital options including, YouTube, SiriusXM, Pandora, and Spotify.

As the Coronavirus pandemic rolls over into a second year, Philadelphia radio has hung tough and not ceded its ground despite listener's shifting lifestyles.  This is crucial news for small business owners who depend on local stations to market their goods and services.

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Topics Radio Listening, roi, return on investment, advertise in delaware valley, reach, reach and frequency, covid 19, coronavirus, in-car audio, pandemic, listening location, time spent listening, work from home, best way to advertise in philadelphia, commuting

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